RCI (CONDOMINIUM RESORT INTERNATIONAL, LLC) is a global supplier of global timeshare products and timeshare services in the timeshare industry. RCI.com has more than 3703 affiliated resorts in 101 countries. In pursuit of goal to market in worldwide travel, RCI.com offers the globes leading timeshare exchange services through RCI points, the world’s first points based [...]
Timeshare Repossession - Removal of the rights to use the club (timeshare) or (management company) in connection with the violation of the Constitution (as a rule of non-payment of Management Fees) and selling those rights to recover any debt. Deeded property can not be repossessed.
Timeshare Redweek - describes season timeshare has to use. Vacation Red week timeshare properties allow the owner to use them during the peak travel season. They also called high demand or high value timeshares. These properties are more attractive than any of the white or blue week properties (medium and low demand, because they allow [...]
Timeshare Recourse Agreement - Agreement between the Company and finance for developers, where Developer repaid any case, if the buyer’s debt is financed by financial companies default financial agreement.
Timeshare Resort Ratings - The system compares resort quality, convenience and location. Rating systems are the only two Resort Condominium International (RCI), the interval International (II). RCI and II course resorts them on the basis of predetermined criteria to strict standards of quality and services provided by the resort as well as the availability of [...]
Timeshare Rescission Period - Date provided by state policies and during which the person has the right to terminate the contract for the purchase of timeshare without incurring penalties. In addition, a person receives a complete and full refund of their contribution. Termination periods vary from state to state.
Timeshare Quartershare 3-month interval timeshare ownership, with a changine schedule.
Timeshare Qualified Prospects - People who fit the description that the developer and/or marketer thinks is most likely to buy timeshare by there demographics.
Timeshare Property Bonds - A system alike to Points clubs for having shares or bonds in a corporation owning properties.
Timeshare Points Club - Timeshare system by which owners hold points that enable them to use the period (varying from several days to several weeks) each year with a choice of resorts. Sometimes moments with the support of the actual case, sometimes they are not.